Bonds
LGFA Bond Tender Number 60; weighted average accepted yield was 3.20%; coverage ratio was 2.30x
7th Nov 18, 3:18pm
by
The LGFA has announced the results of LGFA Bond tender number 60 held on 7 November 2018.
Tender Date: Wednesday, 7 November 2018
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 12 November 2018
| Today | Previous (3-10-18) | Previous (22-8-18) | ||||||||||
| Series Offered |
2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 |
| Total Amount Offered ($million) | 60 | 60 | 50 | 30 | 70 | 50 | 40 | 50 | 50 | 50 | 40 | 70 |
| Total Amount Allocated ($million) | 60 | 60 | 50 | 30 | 70 | 50 | 40 | 50 | 50 | 50 | 20 | 90 |
| Total Number of Bids Received | 17 | 18 | 16 | 12 | 9 | 17 | 16 | 12 | 16 | 18 | 8 | 27 |
| Total Amount of Bids Received ($million) | 171 | 175 | 73 | 40 | 126 | 94 | 107 | 50 | 157 | 165 | 20 | 140 |
| Total Number of Successful Bids | 5 | 8 | 12 | 10 | 2 | 10 | 4 | 12 | 5 | 8 | 8 | 16 |
| Highest Yield Accepted (%) | 2.570 | 3.170 | 3.500 | 4.160 | 2.380 | 2.965 | 3.265 | 3.915 | 2.420 | 2.985 | 3.270 | 3.840 |
| Lowest Yield Accepted (%) | 2.555 | 3.150 | 3.460 | 4.070 | 2.380 | 2.935 | 3.260 | 3.855 | 2.410 | 2.955 | 3.230 | 3.785 |
| Highest Yield Rejected (%) | 2.630 | 3.265 | 3.545 | 4.180 | 2.430 | 2.990 | 3.330 | 0.000 | 2.480 | 3.030 | 0.000 | 3.890 |
| Lowest Yield Rejected (%) | 2.570 | 3.170 | 3.500 | 4.170 | 2.380 | 2.965 | 3.265 | 0.000 | 2.420 | 2.985 | 0.000 | 3.840 |
| Weighted Average Accepted Yield (%) | 2.5636 | 3.1572 | 3.4770 | 4.1198 | 2.3800 | 2.9536 | 3.2646 | 3.8816 | 2.4127 | 2.9774 | 3.2490 | 3.8274 |
| Weighted Average Rejected Yield (%) | 2.5928 | 3.1944 | 3.5261 | 4.1750 | 2.3928 | 2.9772 | 3.2838 | 0.0000 | 2.4323 | 2.9980 | 0.0000 | 3.8498 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 65.7 | 30.8 | 50 | 100 | 70.0 | 40.0 | 56.9 | 100.0 | 32.4 | 71.4 | 100.0 | 78.0 |
| Coverage Ratio | 2.8500 | 2.9167 | 1.4600 | 1.3333 | 1.8000 | 1.8800 | 2.6750 | 1.0000 | 3.1400 | 3.3000 | 0.5000 | 2.0000 |
*Individual allotments may vary due to rounding.
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